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HomeMy WebLinkAbout0313 ~5835'7 . THIS INDE=iTURE. Made the 3rd day of `Tul~/ r...~.~ A.~. 19..~~.... MNyeen ~ _ Narvev R. Story and Alice C. Story~ his Mife_ - o{ SL• t'~1Ci@ _ Co~nty Florida, he~ei~after deigna~ed ~s the "MORiGAGOR," and FIi2S1 FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • corporat~on wyan~:ed and ex~i~~r~g unda ~ha lews of the Un~~ed S~a~oi of Amer~cs and hrvinp it: ixinclpal place of bu~inats te IM City of Fo~t Pi~ru, St. lucis County, Florida, he~einal~er designatcd as ths "MORIGAGEE:' . WHEREAS ~h~ MORTGAGOR is jvstly indebted to tt'x MORTGAGEE in Ihe sum of = 29~2~~00 good snd lawiul money of the United S;ates advancrd by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory note of even date he~ewith, oi wh~ch the tol~owinQ In words and f~ uros is a irve copy, to-wih ~ 1~2~ S_ 29i20~~ 00 Fort P~erc~, fiwida. `T~'y 3 19 ~3 for val~e rECe~~ed, 1, we w eiiher of us, prom;sc to pay, wi~houf defatca~ion, to the order of fIRST FEDERAL SAYING~S AND IOAN ASSOCIATION OF FORT PIERtf at iort Pierce, florida, the sum of 529._!2~!~ w;th interest (rom date at the rate of 8~`~Olo per annum, in monlhly instalb ~~~rn~s aa foi!ows: 5226~~ on the 2Oth day of auCJLtat lq_73 and a like sum on the corresFond~ng day of each month there- aite~ until ~he who:e be fulty paid. Each irssral)mrnt first shal! be app~~rd in payment of the inlerest and then on the unpaid balance of ~he print~pal sum. If default is made in the F.~~~nent of any insta!Iment when due, and such drfault continues 30 days, then at Ihe option of the hotder, and without any mher notice, ali the remaining ~ns~altments shatl be due end payab!e at once. Pr;vllege is given ro prepay thi~ nore in whole or in part at any t~me without penahy. Neither forebearance, nor acceptance by the holder thereof afrrr any deiauh in any payments hereon, shail be deemed eate~sion. A late paymenf charge of S,1! 3Q 'shal) be adJed to eath ~nstallm~nt remaining unpa~d 7 days after its due date, and a Iike sum shatl be added to each such installment remaining unpaid 7 days after each succeed~rtg payment dare. _ . ' EacR maker, surery and endorser hereof, jo~nlly arxl severally, wa;ves e~emand, presemment protest and notice of protest for nonpayment, and further agrees to any extensio~ of time of payment, either br(ore w after ma~unty, withaut notice to any of us; and to pay all costs of tollection, includ~ng a reasonabte atrorney's fce in the event oF any defavN hereunder, and hereby severatly waives a!I benefit of homestead and exemµlion under the constitution a~:J laws of each Srote of the United States, as against this obligation w any extension or renewal hereof. Witness the hand and seat of each perty. ~ ~ (SEAL) s arvey . Story ~a~) cseau : s/Alice C, ~torv cs~?u ~ $43~ 80 ~ State Revenve t~*aR+p~-es~eelled.~ e~+g+~~l ~ NOVV, THEREFORE, the MORTGAGOR for the purpose of secu~ing payment of ss~d sum of 529~2~~~ ~ snd the pe~fwmance of fhs covenants and agreemenrs here;nafrer expressed, and for divers good and vsluable considerations, by these present~, does grant, bargai~, sell, remise, release, convey and confirm unto the MORTGAGEE, its iuccesso.a a~d assigns, all that certain bt, piece w parcel of land, situate, tying, and being in the ~ouny of SL• t.11C1@ and State of F{w~da, deavibed as follows: The South 75.83 feet of the North 80.83 feet -of the Sast 150 feet of the South 262.5 feet of Outlot 8 of the Resubdivision of the Plat of White City~ as per lat thereof zecorded in P~at Book 4, page 104 of the public records of St. Lucie ~ounty, Florida~ . J ~ ~ - y~ ~ S l"AT E flF F L O R 1 D A I ~C' fMTMlCIBLE PE ~~P~ v= ~ DOCUMENTARYs~:.,~, STAM'r t PURSON~i 1~0 CHAVrE~ 71-I3t, ACts o F i y i 1. ~ c-' DEPT.OF REYEf~UE _ •;s'S ROGER rORRAS ~ -c•~a ~ 4 3. 8 0 ~ ccFwc c?Rant oouar, sr. wcrE co., Fu. - = es. ~ ` =,t~,-.~ ~,....r 0 !ogether w;th all and singular )he tenements, hereditaments and appurtancea thereunto belonging or in anywiu appertaining thereto, and all rents, iuues, p~oceeds and profits accruing and to actrue from said premises, all of which are included in tFx ~bove and foregang desuiption and habendum. TO HAVE AND TO HOLD the above described a~?d granted premises unto tf~e said MORTGAGEE, its successors and auigns forever. And t}~s s+id MORTG 9G~OR (or he;rs, executors, administrators and assigns, hereby covenaN~ wilh the ssid MORTGAGEE, iq autcessors and assigm, rhat tA~-aXe tswfull seized of the said y prem~ses in fee s'~mple; thst fhs same are free, clesr and dixharged from ~II liens and encvm~ ` brances in law or in equity, and that they will and their heirs shall warrant snd defend the titte to the same to the taid ` MORTGAGEE, its successors a~d assegns, faever against the lawful claims ar.d demands of •11 persons; PROVfDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dexribed and thail lruty, promptly _ and futly perform, d~xharge, execute, compkte, comply with and abide by each and every the stipulstions, agreements, conditwns and covenants of ~aid ~rom~ssay note and of this Nbrtgage, then thii Mwtgsge and the Estate hereby created shall cease ~nd be null and wid. IT IS UNDERSTO00 lhat the wwd "Mortgagor" whether in the singutar or plural anywhcre in this Mwtg~ge, thall be singulat if one onty a~d shall be plvral jointly snd severaity if more than one, and thaf rhe wwd "theii' as used anywhere in this Mortgsge shall be taken fo mean "his;' "hers;' or "its;' wherever the context so implies w admits. Also, that wherever there is a ~eference in the covenants and a9reemeMa herein contained to ~ny of ~ fhe parties hereto, the s+me ihall be canstrued to mean as well as ~he heirs, legsl represeNa~iva, successort snd assigns (either volunqry by act of the perties or involuntary by ope?ation of the law) of the same and that the covenants herein contained shall bind and the benefit~ and adv~nt~ges inur~ ~ ro the respettive heirs, legal represenrotives, succeswrs and ass~gns of the panies he~eto. , And ssid Mortgagors, fw themselves and their heirs, legal representatives, successors and assigns, hereby joinity and ieverally covenant and agree ro and with the said MORiGAGEE, its successas and assigns: c 1. 70 ~ pay all and singular the principal snd interest and the variovs and sundry sums of money payable by virtue of said promissory note, and tF?is so mwtgage, esch and every, promptly on the days rapectively the same severally bccane due. ~ ; 2. To psy sll and s~ ng~~ar the taxes, sssessments, levies, liab3lities, obli9atio~s and encvmbrances of every nature and kind now on said desaibed ~ f property, o~ that hereaher may be impo~ed, wifered, plxed, levied, w auessed thereon, w that F?ereafler may be levied o~ assessed upon fhis Mort¢ ~ agz, w the indebtedness secured hereby, each and every, when due ~nd psyable, xcording to I~w, befwe they become deli~queM, end before a~y intereit ~v attaches w any penalty is incurred; ANp INSOFAR AS ANY THEREOF IS Of RKORD 7HE SAME SHAtI 8E PROMPTLY SAlISF1ED AND DISCHARGED OF RECORD AND THE ORIGlhAI OFfIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFFICIALIY ENDOR$ED OR CERTIFIED) SNAII 8E PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENi; and in fhe event that any ihereof is not ~ pa~d, sat sfied errd discharged sa:d MORTGAGEE may at any time pay the same w any psrt thereol without waiving or affecling any option, lien, equity or •~aht under w by virtue of this mortgage and the full amount of each and every such payment shall be immediately dve and payable and shall bear interest <<om the date thereof until pa~d at rate of n~ne per cent~m per annum and together w~rh such interest shall be secured by ihe lim of th:s morgts~e. i ~r-, , ~ " - w~x' ,~'xt' ~ ~i~h...~ -y, ~ u~ ~ y~~~~ v~,,:._.'~_. . _~ri ~~'.?.~a ~?-~`s;°-.~.-°r` ' ~ . i-~yir~'~'~~